Expensive food: How Ralf Zacherl saves money with “chain cooking”.

Expensive food: How Ralf Zacherl saves money with “chain cooking”.

Fortunately, inflation pressure in Germany is no longer quite as high as it was a year ago. Nevertheless, the current inflation of “only” 3.2 percent means that prices will continue to rise. There is therefore little sign of a lasting relaxation among consumers or in the supermarket. At the BILD consumer dialogue with moderators Patricia … Read more

Improved Home Ownership Program for Families: Higher Income Limits and Increased Funding

Improved Home Ownership Program for Families: Higher Income Limits and Increased Funding

The first edition was more or less a shot in the oven. As a successor to the Baukindergeld, the federal government launched a new program in June: Home Ownership for Families, or WEF for short. Low-interest KfW loans should help bring young families into their own four walls. But the funding was hardly ever applied … Read more

German Real Estate Loans: A Steep Rise in Monthly Payments

German Real Estate Loans: A Steep Rise in Monthly Payments

Germans have to dig almost twice as deep into their pockets for their real estate loans as they did two years ago. While the standard monthly rate in September 2021 was less than 800 euros, an average of 1,538 euros now has to be raised to pay off the loans. This is shown by the … Read more

ECB Expected to Tighten Interest Rates Amid Inflation Concerns: Why Long-term Fixed Interest Loans Are Worth Considering

ECB Expected to Tighten Interest Rates Amid Inflation Concerns: Why Long-term Fixed Interest Loans Are Worth Considering

It was only in June that the European Central Bank (ECB) raised the key interest rate for the last time: to a whopping four percent. And on Thursday of this week, interest rates will probably continue to be tightened to combat inflation. It is likely to be another 0.25 percentage points up. Michael Neumann from … Read more